It’s not fake: The WWE is getting a Colosseum-sized office complex to serve as its new global headquarters in Stamford, Connecticut. The company inked a lease for 415,000 square feet at 677 Washington Boulevard. With the deal, the three-building complex is 72 percent leased, said George Comfort & Sons in a statement. The complex previously… Read More No kayfabe! WWE inks deal for massive new headquarters in Stamford

One day after a press conference was held outside 666 Fifth Avenue accusing his family’s real estate company of illegally operating eight buildings, Charlie Kushner penned an op-ed defending his family and his business. In a letter to the Washington Post, Kushner defends the companies investment in 666 Fifth Avenue — the over-leveraged tower where… Read More Charlie Kushner fires back about family, business in op-ed

PM Pediatrics, a pediatric urgent care center, signed a lease for 4,900 square feet at SD Urban Retail’s 5740 Broadway in the Kingsbridge section of the Bronx, Commercial Observer has learned. The location is part of a new 24,000-square-foot shopping center called The Shops on Broadway, between West 234th and West 236th Streets, according to… Read More Pediatric Urgent Care Center to Open First Bronx Location

Premier Equities has stepped in to save the Flatiron Hotel from bankruptcy, in exchange for ownership of half of the boutique hotel. The Flatiron Hotel’s owner, Jagdish (Jay) Vaswani, filed for Chapter 11 bankruptcy in the summer of 2018, and Premier offered to put up debtor-in-possession (DIP) financing, to stave off a foreclosure attempt by… Read More Premier Equities Takes the Reins at Bankrupt Flatiron Hotel

Freddie Mac has promoted its president, David Brickman, to CEO, marking the company’s fourth leader since the financial crisis. Brickman will take over in July, replacing Donald Layton, who has been CEO since 2012 and plans to retire, according to the Wall Street Journal. Before he was named Freddie Mac’s president in September, Brickman was… Read More Mortgage giant Freddie Mac names new CEO amid privatization talks

As agents’ frustration with listings portals continue, On-Line Residential has launched a consumer-facing marketplace for residential listings. The website, dubbed Linecity, promises to give agents full control over their listings. “We’ve seen growing frustration with the digital landscape and the marginalization of the agent,” OLR President Jonathan Greenspan said in the statement. “With our deep… Read More OLR launches public listing portal to tackle “marginalization” of agents